How To Charge For Your Graphic Designing Services

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How To Charge For Your Graphic Designing Services
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Introduction

• Pricing for your graphic designing services can
  be a tricky affair. But, strategizing it properly
  will help you find the most appropriate price for
  your services.
• As a graphic designer, you wish to get more and
  more business, while also get paid for what you
  deserve. Here are some common billing techniques
  that you can choose from

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Hourly Billing

• Decide an hourly rate for the services. The next
  step is to estimate the number of hours it is
  going to take, to complete the task/project.
  Multiply the number of hours with the hourly rate
  and bill it to the client. Sometimes the client
  budgets are lower than expected. In that case you
  can reduce the number of hours and bill
  accordingly.
• Having clear cut terms and conditions is
  important, so that there is no confusion after
  project completion.

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• Choosing the right tools can help you track your
  time better and make you look professional.
  Invoicera is a cloud based time tracking and
  billing tool that helps you accurately
  calculating travel time charges and convert them
  into invoices instantly. The tool is preferred by
  small businesses for all kinds of time tracking
  and billing.

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Hourly Rate

• Flat rates do-not depend on the hours worked. The
  rate is dependent on the nature of the task or
  the project. Based on the brief given by the
  client, One quotes the flat rate at which the
  project or the task will be completed. In this
  case, one can also mention the number of possible
  iterations on the task.
• This can typically be limited to 2-3 times,
  depending on the nature of the work. A flat rate
  also has the advantage of communicating the total
  bill to the client.

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Create a Rate Card

• A rate card will help you to define your pricing
  pertaining to a variety of design tasks. You can
  list down all the popular services you provide
  and put a price next to each. This can be
  circulated among clients for future reference.
• Here is a simple example
• Website homepage design - 200
• Logo design - 500
• Style guide - 200
• Like this, you can add a complete list of
  services and mail it to all your
  clients/prospects.

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Revise Your Price Regularly

• Price is a function of demand and supply.
• As long as you have regular work and a growing
  number of orders at the going rate, you can go
  ahead and increase your price.

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Advance Payments

• As a designer, you need advance payments to meet
  your costs and grow as a designer.
• Getting paid in advance also secures your
  payments and keeps your business stable.

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Use a Time Tracking Tool

• An online time tracking tool is a useful way to
  be accurate about the number of hours you have
  put in.
• This helps billing the clients accurately and
  sending the invoices in a timely manner.

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Decide on the Pricing

• There are quite a few factors that you can
  consider while defining the price of the design
  service.
• You can consider the amount of time it will take
  you to complete the project.
• One should also look into the kind of effort,
  and the skill level the project would require.
• Understand details of the tasks that would be
  covered in the project before giving the final
  price. You can also consider the market situation
  and quote your price accordingly.

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See What Others Are Charging

• Studying the work of other designers and the kind
  of prices they are charging would give you can
  idea about pricing your services more accurately.
  
• Besides that, one also gets to know about the
  latest trends in the kind of work that is being
  done.

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Get In Touch

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• www.facebook.com/Invoicera
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• https//www.linkedin.com/company/invoicera-invoici
  ng-simplified
• Ph (IN) 91-9350204838 (600 am - 1200 midnight
  IST)
• E-Mail marketing_at_invoicera.com

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